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Sold for $924,000 on 08/07/25
  • $924,000

    51 Prospect St, Webster, MA 01570

    11beds
    6,520sqft
    5-9 Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $142/sqft
    $-- Estimated rent

    Owner options

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    $5,791/mo

    Est. payment

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    Est. payment

    What's special

    Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 06:52pm

    Listed by:

    Edward Murphy,

    7 Hills Real Estate

    Bought with:

    Danny Mason

    United Multi Family Corporation

    Source: MLS PIN,MLS#: 73374822

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Features
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 6,520
    • Total interior livable area: 6,520 sqft
    • Finished area above ground: 6,520

    Property

    Parking
    • Total spaces: 10
    Lot
    • Size: 1.16 Acres
    • Features: Corner Lot
    Details
    • Parcel number: M:14 B:B P:2,1746406
    • Zoning: GB-4 W

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Other
    Condition
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Webster

    HOA & financial

    Other financial information
    • Total actual rent: 2800